Bitcoin
$ 29,404.00 2.58%
Ethereum
$ 1,989.75 2.08%
Solana
$ 49.99 4.16%
Dogecoin
$ 0.084595 1.78%
ApeCoin
$ 7.72 2.78%
STEPN
$ 1.41 0.28%
Terra
$ 0.000171 13.31%

Russia blocks 2 major cryptocurrency news outlets

Russia blocks 2 major cryptocurrency news outlets

The Russian government has blocked access to two major cryptocurrency news websites. According to Russian laws, the government has the right to suspend the activity of sites, which spread banned information.

One of the affected websites is a global cryptocurrency news outlet, which has a strong following all around the world.  

The other outlet banned by the authorities is a Russian language portal, which publishes informative pieces related to decentralized ledgers, and digital currencies. 

Banning cryptocurrency news

It turns out that authorities in Russia have registered both sites as blacklisted for more than two months, and the recent action was part of a long-planned effort on their part.

The Russian outlet was officially blocked because of an order issued by the Prosecutor’s Office in Danilovsky District.

Both cases are justified by a law pertaining to information, information technology, and information protection, which was adopted back in 2016.

Government-led bans

The Russian government is notorious for its strict censorship of the online environment. Earlier this year, another cryptocurrency-related website went down because of a push from the authorities. 

Buybit.net was a popular cryptocurrency exchange website, which was hit by government censorship. 

Many popular exchanges like Coin Mama are still available in the country, as legislators cannot find legal grounds to interrupt their activities.

While it is not always successful, authority action against cryptocurrency news websites and crypto exchanges has been on the rise in the past several months. This is a direct result of the Russian government’s negative attitude towards decentralized technology and digital currencies.

Tina Yordanova

Tina Yordanova

Back from her stint with European Central Bank, Morgan Stanley, Barclays, Societe Generale, Hilton Hotels, and Aviva International, Tina rejoins Cryptopolitan with a deeper insight regarding the financial world, blockchain enterprises and institutions and practices involved in it. She is eager to share her rounded perspective honed from the biggest media analysis companies on the Balkans.

Related News

Hot Stories

Michael Saylor says market crash will benefit Bitcoin
Ethereum wipes out $8.10B while eagerly awaiting 'The Merge'
Terra admits to facing technical issues in resuming LUNA and UST transfer 
RoboApe could be valued over Dogecoin and other crypto-memes.
Crypto exchanges are relisting LUNA after the crash

Follow Us

Industry News

eBay jumps into declining NFT business with Wayne Gretzky's help
Crypto crowd’s shocking prominence in Davos
Balenciaga U.S. stores to accept BTC and ETH starting June 2022
BTC Pizza Day is celebrated amid crypto crash
CV VC launches Africa-focused blockchain fund